McClatchy-Tribune News Service

Business Budget for Thursday, August 22, 2013

Updated at 8 a.m. EDT (1200 UTC)

This budget is now available on MCT Direct at http://www.mctdirect.com, with direct links to stories and art. See details at the end of the budget.


^Universities look to online programs to navigate an uncertain future


For comparison purposes, UF as a university has a total enrollment of about 50,000 a year.

In other ways, though, UF's MOOC _ and the track record of MOOCs in general _ is less impressive. With the courses generally offered free of charge (hence the "open" part of their title) some inevitably sign up simply out of curiosity, or because it allows them to listen to the lectures of big-name professors at far-away schools such as Harvard or MIT.

Students often have no real intention of doing the work. Completion rates are generally abysmal, with more than 90 percent of students dropping out.

The ongoing debate over MOOCs is a microcosm of America's higher education industry, which is now at an Internet-created crossroads. Across the country, online learning allows schools to expand their reach, but it is also threatening the traditional business model of how to deliver knowledge and also how much to charge for it.

2350 (with trims) by Michael Vasquez. MOVED


^Privacy takes back seat to jobs in drone debate


Lured by the possibility of winning one of six Federal Aviation Administration test sites to integrate drones into the national airspace and the aerospace jobs that come with it, at least 16 states presented their credentials to the drone industry and the federal government at the recent Association for Unmanned Aerial Systems International, or AUVSI, conference in Washington, D.C.

Tougher privacy laws were seen as a non-starter for states wanting to attract drone jobs and win a test site.

600 by Maggie Clark. MOVED



^3 lessons learned from home flippers


Many who attend his monthly seminars around the area are learning the art of "flipping" _ buying properties at deep discount, fixing them up and reselling within a few months to traditional buyers.

Levinrad, 46, a South African native who says he's bought and sold more than 500 homes, shows aspiring investors how to do the math and where to find the deals.

650 by Paul Owers. MOVED


^Home buyers battle bidding wars


With buyers outpacing sellers, the competition is fierce. How tough?

Redfin, a Web-based national real estate brokerage, said 63 percent of all deals involved multiple offers _ sometimes with 30 to 40 buyers slugging it out for the same house in some of the most sizzling-hot markets.

350 by Jim Buchta. MOVED


^Female business owners push into untraditional industries


Some women-owned businesses purposely remain small as their owners balance work and family, said Briles Johnson, director of Women's Business Center of North Carolina in Durham, N.C. But Johnson said she has seen more women going into nontraditional industries such as construction, engineering, life sciences and manufacturing _ one way that women-owned business could increase their economic impact.

The News & Observer spoke to three women who have built businesses in male-dominant industries.

950 by Virginia Bridges. MOVED


^Startups have new resources for funding


But aspiring Zucks are in luck: Entrepreneurs have a growing number of alternatives, from new online platforms for meeting investors to nascent federal "crowdfunding" rules that aim to let moms and pops back startups.

1100 by Peter Delevett. MOVED

^5 ways to expand business outside your primary market


250 by Hanah Cho. MOVED


^Today's market report


600 by MarketWatch staff.

Moving later



These features regularly move on Thursdays:



1200 words. (Moves once a month.)



400 by Gary M. Singer. MOVED



700 by Tom Reddin. (Moves once a month.)



By Jack Guttentag.

Moving later



800 by David Lazarus.

Moving later


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